| TQQQ latest price $22.0200 (-3.04%) ($22.0200 - $22.0200) on Thu. Oct. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.36% (three month average) |
RSI | 41 |
Latest Price | $22.0200(-3.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.6% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -5.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) VUG(98%) XLK(96%) VT(88%) XLC(87%) XLY(87%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.68% in a week (0% probabilities). VIXM(-53%) UUP(-39%) TBT(-18%) VXX(-16%) EDOC(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.68% (StdDev 5.36%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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